Shepherd Kaplan Krochuk, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Shepherd Kaplan Krochuk, LLC reported 58 stock positions worth $116.8 million. Its top holding was Vaneck Fallen Angel High YLD (ANGL) at 7.6% of the portfolio, followed by iShares MSCI USA Min Vol Fac (USMV, 5.8%) and Apple (AAPL, 5.8%). Compared with Q4 2024, it opened 10 new positions, sold out of 3, added to 17 and reduced 20. The biggest buy was a new position in PIMCO 25+ YR Zero CPN US Tif (ZROZ) and the biggest sale iShares 0-1 Year Treasury Bo (SHV, shares −62%).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001218583
- Portfolio Value
- $116.8M (Q1 2025)
- SEC Filing
- 0000919574-25-003040 ↗ filed May 15, 2025
Holdings Value
Holdings 58 stocks · $116.8M
| ANGL Vaneck Fallen Angel High YLD | 7.63% | 308,905 | $8.9M | Add +4.4% |
| USMV iShares MSCI USA Min Vol Fac | 5.84% | 72,846 | $6.8M | Add +6.3% |
| AAPL Apple Inc. | 5.77% | 30,320 | $6.7M | Reduce -0.8% |
| SCHV Schwab US Large-Cap Value | 4.60% | 202,249 | $5.4M | Add +0.3% |
| CPB The Campbell's Company | 4.59% | 134,418 | $5.4M | No change |
| JQUA JPMorgan US Quality Factor | 4.14% | 85,691 | $4.8M | Reduce -3.4% |
| MTUM iShares MSCI USA Momentum Fa | 3.66% | 21,172 | $4.3M | Reduce -3.2% |
| ET Energy Transfer LP | 3.66% | 229,936 | $4.3M | Reduce -3.2% |
| VTI VG Morningstar TS MKT ETF-US | 3.29% | 13,965 | $3.8M | Add +20.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.07% | 6,741 | $3.6M | Add +0.2% |
| SCHD Schwab US DVD Equity ETF | 3.05% | 127,334 | $3.6M | Reduce -16.3% |
| SHV iShares 0-1 Year Treasury Bo | 2.82% | 29,807 | $3.3M | Reduce -62.0% |
| JMBS Janus Henderson Mortg Backed | 2.77% | 71,635 | $3.2M | Reduce -0.8% |
| CORP PIMCO Inv Grade Corp. BD ETF | 2.73% | 32,923 | $3.2M | Reduce -2.5% |
| ACWI iShares MSCI Acwi ETF | 2.72% | 27,316 | $3.2M | Add +0.1% |
| SPDN Dir DLY SP 500 BR 1X ETF-Usi | 2.65% | 266,595 | $3.1M | Add +0.0% |
| IJR iShares Core S&P Small-Cap E | 2.62% | 29,299 | $3.1M | Add +7.5% |
| JEPI JPMorgan Equity Premium Inco | 2.44% | 49,863 | $2.8M | Reduce -12.9% |
| ZROZ PIMCO 25+ YR Zero CPN US Tif | 2.16% | 35,152 | $2.5M | New |
| VNQ Vanguard Real Estate ETF | 1.97% | 25,431 | $2.3M | Reduce -5.5% |
| HDEF Xtrackers MSCI Eafe High Div | 1.95% | 84,056 | $2.3M | Reduce -9.8% |
| SSPY Stratified Largecp Index ETF | 1.79% | 26,756 | $2.1M | Reduce -1.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.77% | 7,984 | $2.1M | Add +0.5% |
| KMI Kinder Morgan Inc. | 1.69% | 69,081 | $2.0M | Add +0.2% |
| SGOV iShares 0-3 Month Treasury B | 1.52% | 17,590 | $1.8M | Reduce -29.7% |
| PGX Invesco Preferred ETF | 1.40% | 145,469 | $1.6M | Reduce -3.8% |
| GDX Vaneck Gold Miners ETF | 1.01% | 25,731 | $1.2M | No change |
| VIOO Vanguard S&P Small-Cap 600 E | 0.92% | 11,135 | $1.1M | No change |
| DUK Duke Energy Corp. | 0.84% | 8,068 | $984K | Add +0.5% |
| PFE Pfizer Inc. | 0.82% | 37,963 | $962K | New |
| JPEM JPM Diversified Ret Em Equit filed as J P MORGAN EXCHANGE TRADED F | 0.80% | 17,688 | $933K | Reduce -2.9% |
| GILD Gilead Sciences Inc. | 0.73% | 7,558 | $847K | New |
| DOW Dow Inc. | 0.71% | 23,854 | $833K | New |
| TBF Proshares Short 20+ Treasury | 0.71% | 35,051 | $827K | New |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.67% | 15,724 | $780K | No change |
| EPD Enterprise Products Partners | 0.66% | 22,538 | $769K | No change |
| IVW iShares S&P 500 Growth ETF | 0.63% | 7,949 | $738K | No change |
| IVV iShares Core S&P 500 ETF | 0.63% | 1,312 | $737K | Reduce -8.4% |
| SHUS Stratified Largecap HDGD ETF | 0.63% | 17,419 | $736K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.63% | 2,953 | $734K | Add +0.0% |
| GSIE Goldman Sachs Activebeta Int | 0.61% | 19,952 | $711K | Reduce -15.3% |
| MGA Magna International Inc. | 0.58% | 19,876 | $676K | New |
| IBIT iShares Bitcoin Trust ETF | 0.53% | 13,149 | $616K | Add +0.2% |
| BIV Vanguard Intermediate-Term B | 0.51% | 7,816 | $598K | Add +144.8% |
| VOO Vanguard S&P 500 ETF | 0.51% | 1,158 | $595K | Reduce -0.2% |
| VZ Verizon Communications Inc. | 0.47% | 12,045 | $546K | New |
| NUV Nuveen Municipal Value | 0.46% | 61,432 | $539K | No change |
| BEN Franklin Templeton Inc. | 0.46% | 27,911 | $537K | New |
| NEM Newmont Corp. | 0.45% | 10,921 | $527K | No change |
| PNC PNC Financial Services Group | 0.43% | 2,864 | $503K | New |
| CMCSA Comcast Corp. Class A | 0.41% | 12,918 | $477K | New |
| AMLP Alerian MLP ETF | 0.38% | 8,633 | $448K | Add +17.5% |
| T AT&T Inc. | 0.34% | 14,076 | $398K | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.33% | 1,042 | $386K | Reduce -64.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.28% | 591 | $330K | Add +0.3% |
| OSEA Harbor Intl Compounders ETF | 0.26% | 11,657 | $309K | No change |
| GLD SPDR Gold Shares | 0.24% | 992 | $286K | Reduce -20.3% |
| NRGV Energy Vault Holdings Inc. | 0.04% | 71,609 | $50K | Add +431.1% |
Portfolio Sells Q4 2024 → Q1 2025
| SHV iShares 0-1 Year Treasury Bo | Reduce -62.0% | 2.82% | −4.40 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −3.33 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -64.8% | 0.33% | −0.69 |
| AAPL Apple Inc. | Reduce -0.8% | 5.77% | −0.63 |
| SGOV iShares 0-3 Month Treasury B | Reduce -29.7% | 1.52% | −0.58 |
| SCHD Schwab US DVD Equity ETF | Reduce -16.3% | 3.05% | −0.43 |
| JEPI JPMorgan Equity Premium Inco | Reduce -12.9% | 2.44% | −0.31 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.27 |
| ET Energy Transfer LP | Reduce -3.2% | 3.66% | −0.23 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.17 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -3.2% | 3.66% | −0.12 |
| JQUA JPMorgan US Quality Factor | Reduce -3.4% | 4.14% | −0.10 |
| IVV iShares Core S&P 500 ETF | Reduce -8.4% | 0.63% | −0.07 |
| PGX Invesco Preferred ETF | Reduce -3.8% | 1.40% | −0.06 |
| GSIE Goldman Sachs Activebeta Int | Reduce -15.3% | 0.61% | −0.05 |
| VNQ Vanguard Real Estate ETF | Reduce -5.5% | 1.97% | −0.03 |
| VOO Vanguard S&P 500 ETF | Reduce -0.2% | 0.51% | −0.01 |
| GLD SPDR Gold Shares | Reduce -20.3% | 0.24% | −0.01 |
| JPEM JPM Diversified Ret Em Equit | Reduce -2.9% | 0.80% | +0.01 |
| SSPY Stratified Largecp Index ETF | Reduce -1.5% | 1.79% | +0.02 |
| CORP PIMCO Inv Grade Corp. BD ETF | Reduce -2.5% | 2.73% | +0.04 |
| HDEF Xtrackers MSCI Eafe High Div | Reduce -9.8% | 1.95% | +0.06 |
| JMBS Janus Henderson Mortg Backed | Reduce -0.8% | 2.77% | +0.10 |
Portfolio Buys Q4 2024 → Q1 2025
| ZROZ PIMCO 25+ YR Zero CPN US Tif | New | 2.16% | +2.16 |
| PFE Pfizer Inc. | New | 0.82% | +0.82 |
| USMV iShares MSCI USA Min Vol Fac | Add +6.3% | 5.84% | +0.76 |
| GILD Gilead Sciences Inc. | New | 0.73% | +0.73 |
| DOW Dow Inc. | New | 0.71% | +0.71 |
| TBF Proshares Short 20+ Treasury | New | 0.71% | +0.71 |
| MGA Magna International Inc. | New | 0.58% | +0.58 |
| ANGL Vaneck Fallen Angel High YLD | Add +4.4% | 7.63% | +0.54 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.2% | 3.07% | +0.53 |
| VTI VG Morningstar TS MKT ETF-US | Add +20.5% | 3.29% | +0.48 |
| VZ Verizon Communications Inc. | New | 0.47% | +0.47 |
| BEN Franklin Templeton Inc. | New | 0.46% | +0.46 |
| PNC PNC Financial Services Group | New | 0.43% | +0.43 |
| CMCSA Comcast Corp. Class A | New | 0.41% | +0.41 |
| BIV Vanguard Intermediate-Term B | Add +144.8% | 0.51% | +0.31 |
| SCHV Schwab US Large-Cap Value | Add +0.3% | 4.60% | +0.21 |
| SPDN Dir DLY SP 500 BR 1X ETF-Usi | Add +0.0% | 2.65% | +0.19 |
| DUK Duke Energy Corp. | Add +0.5% | 0.84% | +0.12 |
| KMI Kinder Morgan Inc. | Add +0.2% | 1.69% | +0.11 |
| AMLP Alerian MLP ETF | Add +17.5% | 0.38% | +0.09 |
| IBM Intl Business Machines Corp. | Add +0.0% | 0.63% | +0.09 |
| ACWI iShares MSCI Acwi ETF | Add +0.1% | 2.72% | +0.04 |
| NRGV Energy Vault Holdings Inc. | Add +431.1% | 0.04% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.5% | 1.77% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +7.5% | 2.62% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.3% | 0.28% | −0.01 |
| IBIT iShares Bitcoin Trust ETF | Add +0.2% | 0.53% | −0.06 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 62 | $125.9M | VTI, AAPL, USMV, ANGL, SCHV |
| Q1 2026 | 61 | $119.0M | VTI, ANGL, AAPL, USMV, SCHV |
| Q4 2025 | 64 | $121.1M | VTI, ANGL, AAPL, USMV, SCHV |
| Q3 2025 | 61 | $121.8M | ANGL, VTI, AAPL, USMV, MTUM |
| Q2 2025 | 57 | $115.1M | ANGL, USMV, AAPL, VTI, SCHV |
| Q1 2025 | 58 | $116.8M | ANGL, USMV, AAPL, SCHV, CPB |
| Q4 2024 | 51 | $119.6M | SHV, ANGL, AAPL, USMV, CPB |
| Q3 2024 | 55 | $132.6M | AAPL, ANGL, USMV, CPB, SCHV |
| Q2 2024 | 57 | $126.6M | AAPL, USMV, CPB, ANGL, SCHV |
| Q1 2024 | 55 | $125.3M | AAPL, USMV, ANGL, CPB, SHV |